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Cable Update (GBPUSD)

  • #247,461
  • Aug 20, 2010 4:28am Aug 20, 2010 4:28am
Quoting cloggie
My last intermediate rejected for the first time, covered all mine.
Looks like the goose has had enough to drink ...

(Ref posts 247410 and 247415 for those wondering....)
******************* I'd rather make money than be right.
  • #247,462
  • Aug 20, 2010 4:32am Aug 20, 2010 4:32am
resistant 5540
next one 5570
  • #247,463
  • Aug 20, 2010 4:33am Aug 20, 2010 4:33am
Quoting 4xStar
Looks like the goose has had enough to drink ...

(Ref posts 247410 and 247415 for those wondering....)
haha
  • #247,464
  • Aug 20, 2010 4:34am Aug 20, 2010 4:34am
i have 200 ema at this level 1.5541. on 4 hr. am i right?
  • #247,465
  • Aug 20, 2010 4:38am Aug 20, 2010 4:38am
1 and 5min bullish regular divergence patterns in osc led the way there as price entered the 1st 1/2 of the previous 1hr swing lo zone co-existnat with the 1hr ascending trend line....demand found as the buyers came back...just goes to show: confluence, confluence, confluence - the most important principle in tech trading.

G/L

http://www.easy-upload.net/fichiers/z.2010820113752.gif
ex member
  • #247,466
  • Aug 20, 2010 4:39am Aug 20, 2010 4:39am
Quoting winsome
i have 200 ema at this level 1.5541. on 4 hr. am i right?
well whos to say which one is right or wrong but mine is around the 1.5507 area
  • #247,467
  • Aug 20, 2010 4:40am Aug 20, 2010 4:40am
5540 broken
so lets see, whether it holds as support..
  • #247,468
  • Aug 20, 2010 4:41am Aug 20, 2010 4:41am
Quoting forexlion
about to kiss my buy limit 5520 for a 100 pip ride

http://img827.imageshack.us/img827/331/70044690.gif
Ride those waves

Finally hit TP2! I have 1.5655 as a long target, but I didn't take it. Good luck!
  • #247,469
  • Aug 20, 2010 4:41am Aug 20, 2010 4:41am
Quoting digger1
well whos to say which one is right or wrong but mine is around the 1.5507 area
thank you. i see what it is now my number if using 200 bars back. 1.5507 if i use 200 days. think your correct.
  • #247,470
  • Aug 20, 2010 4:42am Aug 20, 2010 4:42am
Quoting digger1
well whos to say which one is right or wrong but mine is around the 1.5507 area
so is mine
******************* I'd rather make money than be right.
  • #247,471
  • Aug 20, 2010 4:42am Aug 20, 2010 4:42am
Quoting forexlion
n if it does not hit my buy limit i will beat 4xtar with flowers
just kissed my limit n went north

4xtar is dead now

http://img827.imageshack.us/img827/331/70044690.gif
  • #247,472
  • Aug 20, 2010 4:42am Aug 20, 2010 4:42am
Quoting bbakker
Ride those waves

Finally hit TP2! I have 1.5655 as a long target, but I didn't take it. Good luck!
good job man may be lots more yet , only went up to the london open price
  • #247,473
  • Aug 20, 2010 4:45am Aug 20, 2010 4:45am
Quoting digger1
good job man may be lots more yet , only went up to the london open price

I bet you there were loads who took a long here though.
  • #247,474
  • Aug 20, 2010 4:46am Aug 20, 2010 4:46am
my short was stopped out for plus 70 YAY! need to finish work and see whats happening in market first before re-entering.

good luck everyone and keep it real
"Millionaires don't use astrology, billionaires do"
  • #247,475
  • Aug 20, 2010 4:46am Aug 20, 2010 4:46am
usa futures hiting lows of day
  • #247,476
  • Aug 20, 2010 4:46am Aug 20, 2010 4:46am
Quoting forexlion
just kissed my limit n went north

4xtar is dead now
i think he/she/it/they is cool, i will get my trade entry on second attempt
  • #247,477
  • Aug 20, 2010 4:48am Aug 20, 2010 4:48am
Quoting cloggie
I bet you there were loads who took a long here though.
well gave us somebody to sell to lol
  • #247,478
  • Aug 20, 2010 4:49am Aug 20, 2010 4:49am
Quoting digger1
well gave us somebody to sell to lol

I am still flat, want to see either the lTL going or a proper reversal setup, not just a few sucker bars on the M5.
  • #247,479
  • Aug 20, 2010 4:50am Aug 20, 2010 4:50am
During last 7 hours I have hade 5 orders all are with t/p at 55 pips

when I see + 20 pips, I move my S/L to zero.

It's a pity but all 5 orders closed at zero


morality is: may be not to be greedy and take 20 pips every time?
  • #247,480
  • Aug 20, 2010 4:50am Aug 20, 2010 4:50am
Quoting cloggie
I am still flat, want to see either the lTL going or a proper reversal setup, not just a few sucker bars on the M5.
yep couldnt take out the low , so out but a nice little scalp
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